payments - page 34

Fintech & Ecommerce

Korean Fintech Kakao Pay to Acquire Majority Stake in US Brokerage Firm Siebert

Kakao Pay, the online payment service of the South Korean messenger and Internet giant Kakao, announced the acquisition of a stake in Siebert Financial, a brokerage firm based in New York.

Fintech & Ecommerce

Celerant and Sezzle Partner to Help Retailers Offer BNPL

Celerant Technology has partnered with Sezzle to enable retailers to offer customers Buy Now, Pay Later (BNPL) services.

News

Shopify Adds Melio’s B2B Embedded Finance Offering to Commerce Platform

Shopify has announced the addition of Melio’s built-in financial offer for B2B to its trading platform.

Fintech & Ecommerce

Apple’s Tap To Pay Goes Live in Taiwan

Taiwan has become the second country after the USA where merchants are able to accept in-store contactless payments on their iPhones using Apple’s Tap to Pay solution

Fintech & Ecommerce

Unlimint to Provide Payment Services in Nigeria: License Secured

Having received its Payment Solution Service Provider (PSSP) License from the Central Bank of Nigeria (CBN), fintech Unlimint is going to launch in the Nigerian market

News

Bank of England Finds New Use Cases for DLT in Synchronised Settlement

The Bank of England and the Bank for International Settlements announced the successful completion of a pilot project based on DLT.

Fintech & Ecommerce

Credit Agricole and Worldline to Create Merchant Payments Joint Venture

Currently, Credit Agricole and Worldline are negotiating the creation of a joint venture that could become a major payment operator providing financial services to sales representatives in France.

Fintech & Ecommerce

Toshiba Debuts Mission Control for Retail Intelligence

Toshiba Global Commerce Solutions announced the opening of a new center for retailers-suppliers with improved intellectual capabilities.

Fintech & Ecommerce

Santander Bank Partners With DailyPay to Offer On-Demand Pay

Santander Bank N.A. announced the beginning of a partnership with DailyPay, thanks to which the clients of this financial institution will have access to the on-demand payment service.

Fintech & Ecommerce

Transflo and Comdata Boost the Fright Industry With App-Based Fuel Payment Solution

The amalgamation of Transflo’s mobile app technology for the transportation sector and Comdata’s virtual card capabilities created a new fuel payment solution addressing long-standing issues in the freight industry

Fintech & Ecommerce

Network International in Talks Over £2 Billion Bid

Network International, which is based in Dubai, is currently in talks with a consortium led by CVC Capital Partners to buy the company for 2 billion pounds.

News

Yonder Secures £62.5 Million in Series A Funding

Startup Yonder, which specializes in issuing Rewards credit cards, has secured equity of 12.5 million pounds and a credit line of 50 million pounds to expand operations.

Finance & Economics

UK Regulators Deliver Roadmap for Future of Open Banking

In the UK, local financial regulators have unveiled plans for the future development of open banking.

News

Lloyds Bank Launches PayMe for Instant B2B Payouts

Lloyds Bank has announced the launch of a new service through which businesses can make one-time payments in cases where there is no information about the details of the recipient.

News

First Islamic Bank Goes Live on UAE KYC Blockchain Platform

Abu Dhabi Islamic Bank (ADIB) has gone live on the UAE national blockchain ecosystem for the exchange of verified KYC data

News

Worldline and SignCatch Launch Merchant Digitization Program in India

The media reported that Worldline and SignCatch have established a partnership relationship.

Payments are the transfer of money between two parties in exchange for goods, services, or to settle obligations. They can be made through various online and offline methods like cash, cards, bank transfers, mobile wallets, or digital currencies. Payments are foundational to the fintech industry. They represent the most frequent and essential financial interaction between individuals, businesses, and institutions. In fintech, innovations in payments focus on making transactions faster, affordable, more secure, and inclusive. These money transfers are often the entry point for broader digital financial services, such as lending, insurance, or investment, and play a key role in driving financial inclusion and global commerce.